Active/Passive Moderate Fund

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Fund Overview

Advisor

Mason Street Advisors, LLC

Objective/Focus:

Investing in multiple investment asset classes, the Portfolio attempts to capitalize on the variation in return potential produced by the interaction of changing financial markets and economic conditions while maintaining a balance over time between investment opportunities and their associated potential risks by following a flexible policy of allocating assets. The Portfolio has a target allocation of 60–80% equities/other (includes REITs and commodities), 20–40% fixed income, and 0–10% cash equivalents.The investment objective of the Portfolio is to realize as high a level of total return as is consistent with moderate investment risk through capital appreciation and secondarily through income.

Asset Class:

Flexible Multi-Asset Class

Fund Facts as of 9/30/2025

Fund Inception

07-31-2001

First Available for Variable Annuity

07-31-2001

First Available for Variable Life

07-31-2001

Net Assets

$295.5 Million

Top 10 Portfolio Holdings % of Net Assets

Northwestern Mutual Series Fund, Inc., Select Bond Portfolio

18.00%

iShares Core S&P 500 ETF

9.70%

iShares Core U.S. Aggregate Bond ETF

7.70%

Northwestern Mutual Series Fund, Inc., International Equity Portfolio

6.00%

Northwestern Mutual Series Fund, Inc., Multi-Sector Bond Portfolio

5.00%

Northwestern Mutual Series Fund, Inc., Focused Appreciation Portfolio

4.30%

Northwestern Mutual Series Fund, Inc., Large Cap Blend Portfolio

4.30%

SPDR Portfolio S&P 400 Mid Cap ETF

4.30%

Northwestern Mutual Series Fund, Inc., Domestic Equity Portfolio

4.00%

Northwestern Mutual Series Fund, Inc., Emerging Markets Equity Portfolio

3.90%

Total % of Net Assets

67.20%

Download Publicly Disclosed Holdings

Sector Weightings % of Equities

Domestic Equity

42.10%

Fixed Income

33.70%

Foreign Equity

19.80%

Short-Term Investments & Other Net Assets

4.10%

Commodities

0.30%